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Xcar flogs the 2016 Audi RS3

In its latest video, Xcar reckons that just as hypercars from brands like Pagani and Koenigsegg are taking supercars to a new level, the hyper hatch is now supplanting the hot hatch. Roughly defined as three- and five-door models making well in excess 300 horsepower, the reviewer holds up the new Audi RS3 as the poster child for this high-speed revolution that brings huge performance in a quite useful package. With 362 hp and 343 pound-feet of torque from its 2.5-liter turbocharged five-cylinder and a seven-speed dual-clutch gearbox, the RS3 certainly doesn't lack for performance. Audi claims that it can get to 62 miles per hour in 4.3 seconds and to a top speed of 174 miles per hour. Xcar portrays that power as quite livable, though. Apparently, this hyper hatch is made less for top performance at the track, than being sublime on the road. It seems that this hyper hatch isn't destined for these shores, though. Audi isn't bringing the five-door RS3 to the US, but a version in the body of the A3 sedan is highly rumored. If it's as wonderful as Xcar portrays the five-door, then this might be one to look forward to.

Audi teases even more of the next TT ahead of Geneva in latest video

Audi is just a few days away from launching the third-generation TT at the 2014 Geneva Motor Show, but the new sports coupe has been so thoroughly teased, sketched, and spied that it almost seems like an anti-climax. Even the interior was thoroughly hinted at during this year's CES. But that's not keeping Audi from slowly revealing more and more parts of its new baby.
The TT is a modern automotive design icon. The first generation looked like nothing else on the road when it debuted, and the second generation added a needed dose of sportiness with the TTS and TT RS. The latest teaser video for Ingolstadt's sporty coupe shows more of its aluminum body than we've ever seen before, but the biggest mystery still lingering about the new TT is what engine Audi is slipping under the hood. Thankfully, the wait to find out will be quite short. Scroll down to get the best glimpse yet of the new coupe.

Why BMWs are cheaper than Hyundais in Korea

Bloomberg reports shifting tariff regulations have upended the traditional automotive pecking order in Korea. Thanks to cheaper import taxes, foreign brands have seen market share jump from 28 percent to 41 percent over the last two years. BMW, Mercedes-Benz and Audi have all capitalized on the shift, with domestics like Hyundai and Kia suffering at the hands of their German rivals.
Taxes on European imports have fallen from 8 percent in 2011 to just 3.2 percent today. Over the next few years, tariffs will all but be eliminated for most imports, and taxes on US-made vehicles are expected to fall to just 4 percent in 2014. By 2016, that number will be zero. Needless to say, Hyundai and Kia are concerned about the shift.
Hyundai has seen profit fall by 15 percent last quarter, and the company says it is on pace to see the slowest sales growth since 2007. The company's shares have fallen by 12 percent. In order to stem the losses, Hyundai has discounted its midsize sedans and started working on diesel engine options.